M/s Sami Labs Limited, Bangalore V. Deputy Commissioner of Income Tax Circle-6(1)(1), Bangalore

ITA 2178/BANG/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 6038 (ITAT-BANGALORE)
• Duration Of Justice: 9 month(s) 19 day(s)
• Appeal Type: Income Tax (Transfer Pricing) Appeal
• Pronouncement Date: 01-05-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 14-02-2019
• Assessment Year: 2010-2011
• Appeal Filed On: 12-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 2

Judgement Text

IT(TP)A.2178/BANG/2018 PAGE - 1 IN THE INCOME TAX APPELLATE TRIBUNAL BENGALURU BENCH 'C', BENGALURU BEFORE SHRI. A. K. GARODIA, ACCOUNTANT MEMBER AND SHRI. LALIET KUMAR, JUDICIAL MEMBER I.T(TP).A NO.2178/BANG/2018 (ASSESSMENT YEAR : 2010-11) SAMI LABS LTD, NO.19/1 & 19/2, 1 ST MAIN, 2 ND PHASE, PEENYA INDUSTRIAL AREA, BENGALURU 560058 .. APPEL LANT PAN : AADCS2549E V. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 6(1)(1), BENGALURU .. RESPONDENT ASSESSEE BY : SHRI. CHERIAN K BABY, CA REVENUE BY : SMT. NEERA MALHOTHRA, JCIT HEARD ON : 18.03.2019 PRONOUNCED ON : 22.03.2019 O R D E R PER LALIET KUMAR, JUDICIAL MEMBER : THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST TH E ORDER OF THE DCIT, CIRCLE -6(1)(1), BENGALURU, DT.07.01.2015, PA SSED U/S.143(3) R.W.S.144C OF THE ACT, IN PURSUANCE TO THE DIRECTIO NS OF THE DRP, FOR THE ASSESSMENT YEAR 2010-11. IT(TP)A.2178/BANG/2018 PAGE - 2 02. IT WAS SUBMITTED BY THE LD AR THAT RECENTLY THE REVENUE HAS PASSED AN ORDER U/S.154, WHEREBY THE GRIEVANCE OF T HE ASSESSEE HAS BEEN SETTLED. IN VIEW OF THE SAME, THE ASSESSEE IS NOT PRESSING THE APPEAL AND THEREFORE SOUGHT TO WITHDRAW THE APPEAL. 03. THE LD. DR HAD NO OBJECTION IF THE APPEAL IS PE RMITTED TO BE WITHDRAWN. 04. IN VIEW OF THE ABOVE, WE DISMISS THE APPEAL FIL ED BY THE ASSESSEE AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 22 ND DAY OF MARCH, 2019. SD/- SD/- (A. K. GARODIA) (LALIET KUMAR) ACCOUNTANT MEMBER JUDICIAL MEMBER BENGALURU DATED : 22.03.2019 MCN* COPY TO: 1. THE ASSESSEE 2. THE ASSESSING OFFICER 3. THE COMMISSIONER OF INCOME-TAX 4. COMMISSIONER OF INCOME-TAX(A) 5. DR 6. GF, ITAT, BANGALORE BY ORDER ASSISTANT REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, BANGALORE